Quote from: xmonkeyx on Today at 07:49:14 AM

Quote from: PolishBaldEagle on February 01, 2022, 02:33:29 PM

I’m fairly new to the crypto trading/buying realm. But what I’ve noticed is that lots of coins for a STUPID low price which are just trash. How DOGE is worth anything over $0.15 is beyond me. Either way, I purchased ~100m SHIB when it was somewhat lower, bout 3x on average what I put in (unrealized gains) but, with the amount in circulation (which I did not know until after the purchase) it’s quite clear that SHIB is unlikely to moon.

So what I’m getting at is, what is a stupid cheap yet promising asset I could look into. How do I find these new ICO’s or underperforming assets? When I see on Crypto com an asset that went up 60% in their gainers charts, I just wonder where these people getting their info to get in before hand and what moves the price.

While this is indeed temporary, I’m looking for stupid cheap but promising in long run, not necessarily moon this day and tank tomorrow

there are no guarantees for that, choosing a coin and hoping for a big increase certainly has a big risk, I suggest stopping for it or setting aside just a little money on coins like that. the rest it is better to focus on investing in top coins that have greater opportunities in the future.

Investing in the top coins still wont give you a guarantee that you can profit on them and this situation we have now is a poof to that. Lots of people are losing and those people only invest in top coins last time but top coins are a better choice than some coins out there because top coins can recover not only once but for a lot of time.

They do not completely die once they are in the bottom unlike to those unknown coins there that will just sleep forever once they done their jobs of eating peoples money. Sometimes people are just lucky to pick a coin that gains quickly, no need to wonder how they do that but of course do not fully depend on luck but let us do some effort in researching.